Oracle reduced its workforce by around 13% over the past fiscal year ended May 31, as the cloud platform provider focused its efforts on artificial intelligence.

Oracle carries a $638 billion AI backlog but funds expansion through debt, unlike cash-rich rivals Microsoft, Amazon, and Alphabet. More than half of Oracle's backlog ties to OpenAI alone, creating ...

Oracle’s workforce fell 13% in fiscal 2026 as restructuring, AI adoption, and major data-center deals reshaped the business. Watch what happens when a 50-ton predator meets a giant squid Toss your ...

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Dozens of hospitals have had their patient data compromised by a 2025 breach of Oracle Health’s legacy Cerner systems. Health systems continue to alert patients of the hack that occurred as early as ...

June 22 (Reuters) - Oracle's total workforce declined by about 13%, or 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the ...

Oracle Corp. slashed 21,000 jobs in the past year to cut costs amid heavy debt-funded spending on artificial intelligence. The Austin-based cloud computing company’s global workforce was 141,000 ...

Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital expenditures surged 162% in the latest fiscal year, with almost $24 ...

June 22 (Reuters) - Oracle's (ORCL.N), opens new tab total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly ...

Oracle was co-founded by Larry Ellison in 1977. He remains its chief technology officer Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around ...

Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...